Tokenization

This week's crypto highlights include Visa's launch of a tokenization platform for banks, Caroline Ellison’s two-year prison sentence for her role in the FTX collapse, and Bitcoin surging past $65,000. Let’s dig deeper.  Bitcoin Thursday saw the BTC/USD pair make a higher high, breaking through the $65,000 resistance.  DeFi Women in leadership roles within the blockchain sector—including those of venture capitalists, marketing executives, strategic advisers, and public relations experts—have had great effects in 2024.  Altcoins BlockDAG has just announced a…

Nollywood, otherwise known as the Nigerian film industry, has become almost as famous as Hollywood and Bollywood, with a reputation for pumping out unique stories and providing a platform for some of Africa’s most talented actors and directors.  The industry has achieved global success, but Nollywood filmmakers still face significant problems that hamper their progress and prevent them from realizing their full potential. Fortunately, there’s a solution at hand with blockchain, the decentralized and transparent ledger technology that’s closely associated…

Visa, a global leader in payment solutions, has taken another major step into the cryptocurrency space by launching a platform designed for banks to test tokenized assets and smart contracts.  Visa's Vision for Tokenized Assets The new platform launched by Visa allows banks to issue fiat-backed tokens in a regulated manner and explore the potential of blockchain technology in capital markets. Cuy Sheffield, Visa's Head of Crypto, outlined the company’s objectives, stating,  “We think that creates a significant opportunity for…

As the world of crypto continues evolving, it is clear that Rexas Finance (RXS) which is currently at $0.04 is still in presale but is growing in leaps. Predictions are that this Real-World Asset Multifunctional Management Tokenization project will even be better than popular Solana (SOL) and Cardano (ADA) by achieving up to a 4,800% rally. As the buzz to look for the next great opportunity intensifies, Rexas Finance is to be among very few players in tokenizing real-world assets…

The cryptocurrency market seems to be proving its skeptics wrong, as the major coins are all on the rise. There are already some recent predictions that show three specific cryptocurrencies that are setting themselves up for crazy market movements, and these are Solana (SOL), Shiba Inu (SHIB), and Rexas Finance (RXS). These assets are being funded for some possible League of Legends Selectially Leashed. Solana Aims at $400 Price with Optimistic Market Predictions. As one of the finest Blockchain in…

On September 8, 2024, Rexas Finance (RXS) will begin the highly anticipated presale of its utility token, launching a revolutionary platform that aims to solve the pressing challenges surrounding the tokenization of real-world assets (RWA). As the global economy becomes more intertwined with blockchain technology, Rexas Finance steps forward to simplify and democratize access to these valuable markets. From real estate to commodities, the possibilities are endless, and Rexas Finance is at the forefront of this innovation. The Challenges of…

  The rising popularity of “Banana”, an “tap-to-earn” game built on the TON blockchain, demonstrates how it has emerged as a showcase for the integration of tokenization within games.  Banana, which first launched as a traditional game on Steam, made its debut on Telegram earlier this year as a mini app, and aims to infuse the basic fun gameplay of the original game with novel earnings opportunities for players.  The gameplay itself is simplistic, with players being given a banana…

Fresh Supply Co (FSCO) has transitioned from the now-defunct Mastercard Provenance private blockchain to the Hedera network for real-world asset tokenization across the agri-food supply chain. This move aims to address the traditional opacity of the agrifood value chain by tokenizing events such as the transformation of raw materials to finished products, thereby providing complete transparency and verifiable data for financiers. As more and more real-world projects take a step towards tokenization, the HBAR foundation announced that the Fresch Supply…

MakerDAO’s Spark announced a $1 billion Tokenization Grand Prix to boost real-world asset onboarding. MakerDAO’s quarterly revenue hit an all-time high, surpassing $85 million, fueling investor confidence. Maker (MKR) has seen a significant boost in value in the middle of a volatile cryptocurrency market, gaining third place on the list of major cryptocurrency top gainers. At the time of writing, MKR was trading around $2,396.89, up 5.51% over the last 24 hours. Its current market cap surpasses $2.2 billion. The…